The grinding world of politics from the Los Angeles Daily News

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City looks at pension reform

The City Council took some initial steps toward new pension reforms Tuesday, looking at having new workers stay on the job longer and contribute more to the system. Daily News.

After a closed-door session, the council instructed City Administrative Officer Miguel Santana to meet with actuaries and report back on the impact of the proposed changes.

“We are going to address our problems when it comes to pension reform,” City Council President Herb Wesson said. “It’s too early to say exactly what we are doing, but I asked that actuaries look at different options.”